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Overview
Alimentation Couche-Tard is a Canadian multinational company that operates a network of convenience stores, gas stations, and on-the-go food service outlets. The company was founded in 1980 by current chairman Alain Bouchard and is headquartered in Laval, Quebec, Canada. The name "Couche-Tard" translates to "night owl" in English, and the company's iconic logo features an owl perched on the letter C. Initially focused on the Quebec market, Couche-Tard began its expansion in the 1990s and has since grown into one of the largest convenience store operators in the world. In addition to its namesake brand, Couche-Tard also operates under the Circle K, Ingo, and Kangaroo Express brands. As of February 2021, the company operates over 14,200 stores in over 25 countries, including Canada, the United States, Mexico, Europe, and Asia. Couche-Tard's business model includes the sale of gasoline, convenience store items, quick-service restaurant offerings, and other products such as car washes and lottery tickets. The company is known for its focus on customer service, high-quality products, and innovative store designs. Couche-Tard has been listed on the Toronto Stock Exchange since 1986 and is a member of the S&P/TSX 60 index. It is also listed on the NASDAQ under the ticker symbol "ANCUF." In recent years, Couche-Tard has made several major acquisitions, including CST Brands, Holiday Stationstores, and Speedway, greatly expanding its presence in the United States. The company continues to focus on growth through strategic acquisitions and organic expansion into new markets.
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